Numismatic News Headlines – Apr 28

Four numismatic news or coin blog articles are referenced on CoinNews every Tuesday and Thursday. These articles are not authored by us, but we recommend coin collectors read them for their unusual or interesting content. Here are today’s articles:

Understanding the Gold Shortage at the US MintScott Barman | Coin Collector’s Blog

Last year, the US Mint has been under a lot of scrutiny for how they handled gold bullion sales. I tried to find any positive story for the US Mint’s handling of bullion coins. Regardless of the search string I fed into several search websites, I did not find any positive article. Even though the US Mint continues to have problems supplying bullion to the market, I began to wonder if there was a deeper reason that may explain the situation…

Archaeologists recently discovered a total of 4,300 medieval coins, dating to the second half of the twelfth century and the beginning of the thirteenth century, at the Tsarevi Kili site near the town of Strumica in eastern Macedonia…

As the poor economy has slowed introduction of the Abraham Lincoln cabin cent into circulation, rolls of the coin are much sought-after — and worth a pretty penny. While 50-cent rolls now are drawing eBay bids of less than $10, a few forward-thinking sellers have gotten offers of up to $200, said Barry Powell, owner of Heartland Coins in Elizabethtown…

Today, Wisconsin State Treasurer Dawn Marie Sass is auctioning more than $2,000 worth of abandoned collectible coins and currency on eBay. "An auction is both an exciting and poignant event," said Treasurer Sass. "I would prefer to have the rightful owner or heir come forward and be reunited with their valuable coin collection, but after several years of abandonment, my office has to auction off the items in the vault due to capacity constraints."